JEJAK
Vol 12, No 2 (2019): September 2019

Determinants of Domestic Direct Investment in Indonesia: Islamic Economic Approach

Faizah, Iva (Unknown)
Fasa, Muhammad Iqbal (Unknown)
Suharto, Suharto (Unknown)
Rahmanto, Dhidhin Noer Ady (Unknown)
Athief, Fauzul Hanif Noor (Unknown)



Article Info

Publish Date
13 Nov 2019

Abstract

The aim of this research is to analys the influence of Domestic Direct Investment (DDI) to Economic Growth in Indonesia (GDP) with Capital Expenditures as moderating variable. We use panel data with 9 years of observation (2010-2018) and 30 provinces in Indonesia, based on purposive sampling, secondary data and analyzed by MRA (Moderated Regression Analysis). The results indicates that, DDI actually gives negative effect on economic growth in Indonesia it was because of them is worth the investment in the country is still low when compared with foreign investment and investment out of the country, and greater fluctuations in value realization of these investments annually. Capital expenditure has proved to strengthen and change the direction of the relationship between the DDI to the GDP, due to the realization that capital spending is focused in the development of infrastructure.

Copyrights © 2019






Journal Info

Abbrev

jejak

Publisher

Subject

Economics, Econometrics & Finance

Description

JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic ...